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By Alessandro Parodi - The number of temporary protection status permits issued to Ukrainians in the European Union dropped in most member states in February, the bloc's statistics institute Eurostat said on Monday. EU countries had issued over the course of 2022 mo...
- Former International Biathlon Union (IBU) president Anders Besseberg has been indicted on charges of aggravated corruption, Norwegian prosecutors said on Monday. The Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime (Okokrim) sai...
GENEVA - A World Trade Organization panel said on Monday that India had violated global trading rules in a dispute with the European Union, Japan and Taiwan over import duties on IT products. "We recommend that India bring such measures into conformity with its obligations," the...
UNITED NATIONS - The United Nations Yemen mediator said on Monday there is the most serious opportunity in eight years to make progress toward ending the conflict, but warned that the "tide could still turn unless the parties take bolder steps toward peace." Hans Grundberg told t...
BEIJING - China is highly concerned about heightened Israeli-Palestinian conflict and favours the two sides resuming peace talks as soon as possible, Foreign Minister Qin Gang said on Monday. Qin, in separate phone calls with his Israeli and Palestinian counterparts, said China i...
BERLIN - Germany is pushing for the European Union to include the civilian nuclear sector in the bloc's new sanctions package against Russia, the Economy Ministry said on Monday. The European Union in February approved a 10th package of Russia sanctions on the anniversary of Mosc...
By David Shepardson - The U.S. Treasury said Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo electric vehicles will lose access to a $7,500 tax credit under new battery sourcing rules. The Treasury said the new requirements effective Tuesday will also...
- Merck & Co expects a research-and-development charge of about $10.3 billion, or $4 per share, this year as the drugmaker accounts its deal for Prometheus Biosciences Inc as an asset acquisition, CFO Caroline Litchfield said. The deal is expected to hit Merck's profit by 2...
LAGOS - Nigeria's food and drug regulator has granted provisional approval to Oxford University's R21 malaria vaccine, it said on Monday, following a similar announcement by Ghana last week. The approval is unusual as it comes before the publication of final-stage trial data for...
By Nelson Acosta HAVANA - Cuban President Miguel Diaz-Canel is widely expected to be chosen this week by assembly lawmakers to lead the country for another five years, despite a rocky first term marked by the coronavirus pandemic and a near-unprecedented economic crisis....
MOSCOW - Russia's oil production is forecast to remain stable until 2025, its Deputy Energy Minister Pavel Sorokin said, while Moscow plans reserves in order to make its supplies more resilient. Russia has decided to cut its crude oil output by 500,000 barrels per day (bpd) until...
By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Mathieu Rosemain LONDON - French cooperative bank Credit Mutuel Arkea is looking to sell a stake in its subsidiary Monext, following a string of European lenders that have sought external partners for their payments businesses, three pe...
WASHINGTON - The U.S. Supreme Court on Monday declined to hear Novartis Pharmaceuticals Corp's bid to revive a key patent on its blockbuster multiple sclerosis drug Gilenya that was invalidated amid a legal dispute with China's HEC Pharm Co Ltd. The justices turned away an appeal...
(Corrects timing of end to Kollsnes maintenance outage in 5th paragraph) By Nora Buli OSLO - Ongoing strike action in Norway has led to the delay of scheduled maintenance at Norway's biggest producing gas field and a major processing plant, North Sea gas infrastruc...
MOSCOW - Wall Street Journal reporter Evan Gershkovich will appeal on Tuesday against his arrest and detention in Moscow's most notorious former KGB prison on charges of espionage, according to court documents. Russia's Federal Security Service (FSB) said on March 30 it had detai...
By John Kruzel WASHINGTON - The U.S. Supreme Court on Monday declined to hear a bid by Sanofi SA to revive its antitrust lawsuit accusing rival pharmaceutical company Viatris Inc of illegally monopolizing the market with its EpiPen auto-injector, a device used to treat severe all...
By Shaloo Shrivastava BENGALURU - The Bank of England likely has one more hike in its tightening cycle but it was a close call for a final quarter-point rate lift in May, according to a poll of economists who said the bigger risk was inflation being higher than they expect....
By Horacio Soria and Juan Carlos Bustamante BUENOS AIRES - Argentine, fighting one of its worst outbreaks of dengue in recent years, is sterilizing mosquitoes using radiation that alters their DNA before releasing them into the wild. The South American country has t...
HONG KONG/LONDON - HSBC's biggest shareholder Ping An is likely to vote in favour of splitting the bank up at its annual investor meeting on May 5, a source familiar with the Chinese insurer's thinking said on Monday. The source said Ping An would vote in favour of two resolution...
LONDON - British oil and gas exploration company IGas Energy said on Monday it has been granted planning consent to develop a new oil well site in Lincolnshire. The site is close to IGas' existing Glentworth-K site which has been producing oil for 60 years. Lincoln...
LONDON - There may need to be limits initially on the use of major stablecoins for payments, and they should also be backed by high quality and liquid assets to protect consumers, Bank of England Deputy Governor Jon Cunliffe said on Monday. Britain is due to adopt rules for regul...
By Helen Coster WILMINGTON, Del -Dominion Voting Systems' $1.6 billion defamation trial against Fox Corp and Fox News will proceed with jury selection starting on Tuesday, a judge announced on Monday. Judge Eric Davis did not provide a reason for the delay....
By Elvira Pollina and Valentina Za MILAN - Bidders for Telecom Italia's (TIM) landline grid are preparing to raise their offers of around 20 billion euros ($22 billion) by between 1 and 2 billion euros ahead of a Tuesday deadline, three sources close to the matter told ....
LONDON - The Bank of England (BoE) has said it is considering "improvements" to the mechanism under which depositors can recover money in their accounts at smaller banks that get into difficulties. The central bank has declined to elaborate on the measures under review but the fo...
By Stephen Nellis - Adobe Inc on Monday said it plans to introduce new artificial intelligence (AI) features into its video editing software used by the film and television industries. The tools will let video editors do things like change the lighting in a shot fro...
SHANGHAI - China's auto market, the world’s largest, is accelerating toward an electric future – leaving established global brands stuck in the slow lane. When auto executives convene in Shanghai for the auto show starting Tuesday, they will return to a sharply different market f...
UNITED NATIONS - The United States and more than 40 other countries said in a joint statement on Monday that they are deeply concerned over Russia's detainment of a Wall Street Journal reporter and protested Moscow's "efforts to limit and intimidate the media." They also said in...
MILAN - Italy's second-largest bank UniCredit on Monday appointed Silvia Viviano as Head of Equity Capital Markets, promoting her with immediate effect from her current role of Head of Alternative Capital Markets. "The expanded role will allow Silvia to further exploit potential...
ERBIL - Ukraine's foreign minister visited Iraq on Monday for the first time since Russia's invasion, seeking diplomatic support from the Middle East where Moscow has been cultivating friends. "We definitely see Iraq as a country that is capable of building bridges," Dmitro Kuleb...
VILNIUS - Estonia's state prosecutor said on Monday she had charged six people with laundering at least $1.6 billion and 6 million euros ($6.58 million) at the defunct Estonian office of Danske Bank. Its operations in Estonia became the focus of a massive money laundering scandal...
By Iain Withers and Elizabeth Howcroft LONDON - Digital finance firms in Britain will find it tougher to raise funds due to higher interest rates and investor caution after the collapse of U.S.-based technology lender Silicon Valley Bank (SVB), executives told an industry event o...